Tokenized RWAs Gain 13.5% While Crypto Market Sheds $1T
The divergence highlights institutional interest in yield-bearing digital securities even during periods of significant market stress.
Tokenization News
Tokenized real-world assets posted 13.5% growth over 30 days as the broader cryptocurrency market lost approximately $1 trillion in value, according to RWA.xyz data. The divergence highlights institutional interest in yield-bearing digital securities even during periods of significant market stress.
Total on-chain RWA value increased through both higher asset issuance and expanded wallet participation. More tokenized securities arrived on public blockchains while the number of unique addresses holding these assets also grew throughout the period.
Excluding stablecoins, growth in tokenized securities accelerated over the past 30 days. Tokenized U.S. Treasurys, private credit, and other yield-bearing instruments drove the majority of net gains during the measurement period.
Tokenized U.S. Treasurys and government debt remain the largest RWA category with more than $10 billion in outstanding on-chain products. Flows into these instruments continued despite broader market volatility, while tokenized stocks and exchange-traded products also posted increases.
Asset managers increasingly use public blockchains to issue and settle tokenized versions of traditional financial products, pointing to deeper institutional participation. Tokenized money market funds are evolving beyond simple yield vehicles and beginning to serve as collateral in certain trading and lending markets.
Major institutions including BlackRock, JPMorgan, and Goldman Sachs have become active participants in the tokenized asset space. BlackRock made its first formal move into decentralized finance last week, bringing its BUIDL tokenized U.S. Treasury fund to Uniswap.
The total cryptocurrency market has shed roughly $1 trillion in value over the past month, with losses intensifying in January. Derivatives markets have been a key source of stress, with a large-scale deleveraging event in October triggering broader weakness across digital assets.
Conditions have yet to fully recover, and sentiment remains fragile even as equities continue trading near record highs. The relative stability of yield-bearing tokenized assets stands in sharp contrast to the broader crypto market drawdown.
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